M/S.MICROOBJECTS P. LTD,COCHIN vs. THE ACIT, COCHIN
In the result, the appeal filed by the assessee is allowed for statistical purposes
ITA 470/COCH/2016[2012-13]Status: DisposedITAT Cochin05 Oct 2017AY 2012-13
Bench: S/Shri P K Bansal & George George K, Jm M/S. Microobjects Private Limited, Vs The Asst. Commr Of Income Tax 41/1098B, Pullepady Cross Road, Corporate Circle 1(2), Kochi. Kochi-682018. ( Appellant) (Respondent)
Section 1Section 143(3)Section 144CSection 144C(2)(b)Section 144C(4)Section 144C(5)Section 92C
section 144C of the I.T. Act. The
relevant assessment year is 2012-13. 2. Briefly stated the facts of the case are as follows:
The assessee is a private limited company. It is a captive service provider (software
developer) for its associate enterprise (AE) which is based in USA. For the assessment
year 2011-12, the return of income
